The traditional role of a bank was to transfer funds from savers to investors, engaging in maturity transformation … innovation and technology. These new bank business models have had repercussions on the loan contract. In particular, the main … lending. And the lending technology is evolving from one-to-one meetings between a loan officer and a borrower, at a bank …

and explain a remarkable transition from single to multiple firm-bank relationships during the last twenty years of the … sample period. Larger, global, or transparent companies with greater needs for bank credit and specialized services are more … likely to add a bank. Deregulation and intensifying competition in the banking sector during the 1970s spurred banks to …

Using a novel dataset that allows us to trace the bank relationships of a sample of mostly unlisted firms, we explore … which borrowers are able to benefit from foreign bank presence in emerging markets. Our results suggest that the limits to … financial integration are less tight than the static picture of firm-bank relationships implies. Even though foreign banks are …

-oriented regime for merger control increases banks’ stock prices, whereas it decreases those of non-financial firms. Moreover, bank … merger targets become more profitable and larger. A major determinant of the positive bank returns, after controlling inter … alia for the general quality of institutions and individual bank characteristics, is the opaqueness that characterizes the …